GRENLAND MARITIME AS

3919 PORSGRUNN

Finances

Return on Equity

−16,97 %

Current Ratio

8,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 000	1 257 000	362 000	1 107 000
Net Income	−432 000	714 000	207 000	202 000
Total Assets	2 866 000	3 701 000	2 358 000	2 219 000
Total Equity	2 546 000	2 978 000	2 264 000	2 057 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 000	1 257 000	362 000	1 107 000
Expenditure	682 000	964 000	253 000	949 000
Operating Profit	−610 000	293 000	109 000	159 000
Financial Income	801 000	883 000	903 000	103 000
Financial Costs	635 000	372 000	789 000	18 000
Financial Balance	166 000	511 000	114 000	85 000
Earnings Before Tax	−444 000	803 000	223 000	244 000
Tax	−12 000	89 000	16 000	41 000
Net Income	−432 000	714 000	207 000	202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	11 000	54 000
Total Current Assets	2 866 000	3 701 000	2 347 000	2 165 000
Total Assets	2 866 000	3 701 000	2 358 000	2 219 000
Total Retained Equity	2 516 000	2 948 000	2 234 000	2 027 000
Total Equity	2 546 000	2 978 000	2 264 000	2 057 000
Total Long-Term Debt	0	12 000	16 000	0
Total Current Debt	320 000	711 000	78 000	162 000
Total Equity and Debt	2 866 000	3 701 000	2 358 000	2 219 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 000	1 257 000	82 000	1 107 000
Other Income	0	0	280 000	0
Revenue	73 000	1 257 000	362 000	1 107 000
Cost of Goods Sold	0	0	0	0
Salary Costs	585 000	847 000	150 000	687 000
Depreciation	0	11 000	8 000	19 000
Impairment	0	0	0	0
Expenditure	682 000	964 000	253 000	949 000
Operating Profit	−610 000	293 000	109 000	159 000
Financial Income	801 000	883 000	903 000	103 000
Financial Costs	635 000	372 000	789 000	18 000
Financial Balance	166 000	511 000	114 000	85 000
Dividends	0	0	0	0
Net Income	−432 000	714 000	207 000	202 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	35 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	11 000	19 000
Total Tangible Assets	0	0	11 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	11 000	54 000
Stock	0	0	0	0
Total Investments	2 632 000	2 489 000	1 804 000	0
Cash, Bank	229 000	1 210 000	362 000	2 144 000
Total Current Assets	2 866 000	3 701 000	2 347 000	2 165 000
Total Assets	2 866 000	3 701 000	2 358 000	2 219 000
Total Equity	2 546 000	2 978 000	2 264 000	2 057 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	12 000	16 000	0
Creditors	0	0	0	2 000
Unpaid Taxes	130 000	84 000	31 000	57 000
Dividends	0	0	0	0
Other Current Debt	190 000	533 000	47 000	65 000
Total Current Debt	320 000	711 000	78 000	162 000
Total Equity and Debt	2 866 000	3 701 000	2 358 000	2 219 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,97 %	23,98 %	9,14 %	9,82 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	−835,62 %	23,31 %	30,11 %	14,36 %
Current Ratio	8,96	5,21	30,09	13,36
Quick Ratio	8,96	5,21	30,09	13,36
Equity Ratio	0,89	0,8	0,96	0,93
Gross Profit Margin	100 %	100 %	100 %	100 %